SB788 modifies tax preparer exemptions in California, clarifying who can sign tax returns.

SB788 amends the Business and Professions Code to specify who can sign tax returns in California. It exempts certain licensed professionals and entities from needing to register as tax preparers. Employees of these entities can also prepare tax returns if supervised by an exempt person who signs and reviews the return. The changes apply to tax returns for taxable years starting on or after January 1, 2025.

SB788 modifies tax preparer exemptions in California, clarifying who can sign tax returns.

SB788 amends the Business and Professions Code to specify who can sign tax returns in California. It exempts certain licensed professionals and entities from needing to register as tax preparers. Employees of these entities can also prepare tax returns if supervised by an exempt person who signs and reviews the return. The changes apply to tax returns for taxable years starting on or after January 1, 2025.